Developing countries’ companies are becoming global innovation leaders. The leader is Alibaba in China, with a market value greater than Yahoo, Netflix, eBay, Yelp, LinkedIn, Twitter and Groupon put together. Samsung from South Korea outsells Sony, Panasonic, and Philips. Bimbo in Mexico is the largest bakery company, and purchased Sara Lee’s North American bakery business….
Amway’s business model is recruiting independent business operators to personally market the company’s health, nutrition, beauty and home-care products to consumers. In 1995, they expanded into China and rapidly grew to $200 million in 3 years. The government banned direct sales, as they were concerned about scams. Citing political unrest, they required physical stores –…
Companies are taking more pragmatic steps toward actively shaping the societies in which they operate. This is not only sustaining economic progress, but also broad-based prosperity. Yet, on the other side of this globalization and technological impact, there is also rising social inequality, social strife, terrorism, civil wars, and international conflict (Source: BCG). Other globalization…
Compact international assignments are part of a larger mobility trend among multi-national companies. Many organizations do not have quality career management policies for expat assignments. For many, the global personnel management and talent development act separately; yet, they need to be integrated so that business and development goals can both be realized. The expat assignment…
There are many challenges when conducting global business. If you raise your voice, laugh passionately, touch your counterpart on the arm, or put a friendly arm around him – is this intrusive/lack of professionalism or entirely appropriate? The answer is that it depends on where you are. First, there are different norms of communication, and…
